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By | Team Register 2nd September 2005 08:27

ComputerLand UK director resigns

Trading update

Gary Barrett, ComputerLand UK's IT services director, has resigned with immediate effect, the Nottingham-based reseller said today. Barrett, who joined the company from ATOS Origin, lasted just 13 months in the job.

In a separate trading statement today, Computerland UK warned that growing sales and profits from its services business would fail to compensate for a continuing decline in product sales - computer hardware and packaged software licences, in other words.

"As a result, we now expect profits forthe year as a whole to be below market expectations," it said.

In June, founder and chairman Graham Gilbert acclaimed a good set of results, against a "background of severe price deflation and margin erosion in our product reselling business". ®

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